Raising Rent vs Losing Tenants - Advice on avoiding fear pls

[Vance Sander]

Hi -

I have an upper end condo in Los Angeles that rents towards the top of the market.  I'm always concerned about raising the rent as the transaction costs in time & money are severe to lose the tenants - since it's a higher end place it takes longer to rent, then there's agent costs & new paint/rehab...

Any advice on how to avoid the fear/lack of leverage I often feel when raising the price - or what to be thinking about?

Thanks in advance for any input!